The US Senate has unanimously voted to ban members and staff from wagering on prediction markets, marking a rare moment of bipartisan agreement on ethical standards. The new rule prohibits senators and employees from using platforms that allow betting on political outcomes, effectively closing a loophole that some had used for potential financial gain. This self-imposed restriction comes as prediction markets have grown in popularity for forecasting election results.

The House is preparing to introduce a similar measure, signaling a potential congressional-wide crackdown on the practice. Critics had raised concerns about conflicts of interest when lawmakers could profit from insider knowledge of upcoming legislative actions. The ban represents an effort to maintain public trust in democratic institutions during a time when skepticism of government remains high.